Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of Baroda for its Katni Branch branch in Katni, Katni(Murwara), Madhya Pradesh, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Bank Of Baroda located in Katni or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BARB0KATNIX. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of Baroda, Katni Branch, Katni

Here are some of the key details that come with the IFSC Code BARB0KATNIX of Bank Of Baroda for its branch located in Katni, within the district of Katni(Murwara) in the state of Madhya Pradesh.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0KATNIX
Branch Katni Branch
City Katni
District Katni(Murwara)
State Madhya Pradesh
Address Katni Branch,Barhi Road, Near Traffic Police Station,Katni,483501

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Baroda in Katni for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0KATNIX for the Katni Branch branch of Bank Of Baroda plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Bank Of Baroda located in Katni Branch, Katni, Madhya Pradesh, are given a unique IFSC like BARB0KATNIX to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Katni.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Katni and Katni(Murwara).
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Bank Of Baroda in Katni Branch goes to the correct branch. This is important because Bank Of Baroda has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BARB0KATNIX

The format of the IFSC Code for banks, including Bank Of Baroda, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Bank Of Baroda, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Katni Branch in Katni.

For example, the IFSC Code BARB0KATNIX of Bank Of Baroda for the Katni Branch branch includes these elements, identifying the bank and the branch location in Katni and Madhya Pradesh accurately.

How to Find IFSC Code for Bank Of Baroda?

If you are trying to find the IFSC Code BARB0KATNIX of Bank Of Baroda for its Katni Branch branch located in Katni, the following methods can help:

Cheque Book

The cheque book issued by Bank Of Baroda includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Bank Of Baroda branches in Katni and Katni(Murwara), print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Bank Of Baroda and navigate to the branch locator section. Search for Katni Branch or Katni to get the exact IFSC Code BARB0KATNIX.

Mobile Banking App

If you use Bank Of Baroda's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Bank Of Baroda and Katni, you'll get the correct details.

How to Use IFSC Code BARB0KATNIX for Online Transfers?

Once you have the IFSC Code BARB0KATNIX for the Katni Branch branch of Bank Of Baroda in Katni, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BARB0KATNIX. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Bank Of Baroda IFSC Code BARB0KATNIX.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Bank Of Baroda Katni Branch in Katni, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of Baroda in Katni Branch, here are some of the ways you can get it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Bank Of Baroda website.
  • Search the RBI portal.

Knowing both IFSC and MICR code can help account holders in Katni manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda in Katni Branch, Katni?

The IFSC Code is BARB0KATNIX.

Is the IFSC Code BARB0KATNIX permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of Baroda Katni Branch?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Katni Branch branch?

The address of the branch is Katni Branch,Barhi Road, Near Traffic Police Station,Katni,483501 located in Katni, Katni(Murwara), Madhya Pradesh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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